Collective Mining Expands Guayabales Through ANM-Granted Mining Titles Following Public Hearings

About this update from Collective Mining Ltd

MIAMI, July 13, 2026 /CNW/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that the Colombian National Mining Agency ("ANM") granted additional mining titles to Collective on July 10, 2026, following the successful completion of a public hearing in the municipality of Supia in the Caldas Department held on May 21, 2026. These newly granted mining titles are in addition to the previously disclosed mining titles granted to Collective by the ANM on April 10, 2026, which followed a public hearing held on February 17, 2026 in the municipality of Marmato ( see press release dated April 23, 2026 ). Ari Sussman, Executive Chairman commented : "We are very pleased to see continued strong public support for Collective by local communities, as evidenced by the two successful and well-attended public hearings in Supia and Marmato. With the completion of the titling processes in both municipalities, we have meaningfully consolidated our mineral title holdings and further improved continuity across the Guayabales Project. An expanded contiguous series of titled concessions supports both the exploration and future development potential of Guayabales. Importantly, the expanded footprint also provides new and exciting drill-ready targets, and we look forward to commencing drilling on at least one of them this year." The recently granted titles within and adjacent to the existing Guayabales Project Area are expected to enhance Collective's long-term exploration flexibility by securing additional prospective ground along regional structural trends interpreted to be important controls on mineralization at the Guayabales Project. The new titles also provide additional optionality for future infrastructure planning, access and district-scale target generation as the Company advances exploration and development activities. To date, Collective has completed  184,000 meters  of diamond drilling across the Guayabales and San Antonio projects, including  120,000   meters  at the flagship Apollo system, which anchors the Guayabales Project. With  US$113.3 million  in cash (as of March 31, 2026), the Company is fully funded for its planned  2026 program , which envisions up to  100,000 meters  of drilling. The Company presently has 13 diamond drill rigs operating across the Guayabales Project.

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